Toward the end of trading Monday, the Dow traded up 0.05 percent to 15,623.09 while the NASDAQ gained 0.20 percent to 3,929.54. The S&P also rose, gaining 0.21 percent to 1,765.07.

Top Headline
Kellogg (NYSE: K) reported a 2.5 percent rise in its third-quarter profit and announced its plans to cut its workforce by 7 percent by 2017.

Kellogg's quarterly profit surged to $326 million, or $0.90 per share, versus a year-ago profit of $318 million, or $0.89 per share. Excluding one-time items, it earned $0.95 per share.

Its sales fell 0.1 percent to $3.72 billion. However, analysts were expecting earnings of $0.89 per share on revenue of $3.71 billion.

Equities Trading UP
Extreme Networks (NASDAQ: EXTR) shot up 15.91 percent to $6.23 after the company reported FQ1 results.

Shares of AK Steel Holding (NYSE: AKS) got a boost, shooting up 8.80 percent to $5.005 after Goldman Sachs upgraded the stock from Sell to Buy.

Canadian Solar (NASDAQ: CSIQ) was also up, gaining 10.92 percent to $28.35 after the company raised its third quarter production guidance.

Equities Trading DOWN
Shares of BlackBerry (NASDAQ: BBRY) were down 16.41 percent to $6.49 after the company abandoned its plan to sell itself. The company also announced its plans to replace its Chief Executive Thorsten Heins.

Bridgepoint Education (NYSE: BPI) was down as well, dropping 8.62 percent to $17.92 after Deutsche Bank downgraded the company to a Sell rating while maintaining its $13 price target.

World Acceptance (NASDAQ: WRLD) was down, falling 12.64 percent to $88.65 after the company announced the resignation of its President and Chief Operating Officer Mark C. Roland.